38 Wesleyan StShrewsburyMA01545
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Shrewsbury at 38 Wesleyan St, Shrewsbury, MA, 01545 priced at $299,000 converts $2,041/mo rent into $157/mo cash flow after a $1,463/mo obligation. Total monthly income equals $2,041/mo, and annual cash flow totals $1,883/yr on $99,119 invested. Return on cash invested prints 21.81% in year one, and rental yield reads 8.19% against a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation compiles into $82,608 by year five. Five-year ROI reaches 113.16% and total cumulative return in cash sums $112,162. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,041/mo property income covering a $1,463/mo payment, not borrower’s personal income.
Single Family
Built in 1926
4,524 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01545, Shrewsbury, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,371 (100%) |
| Owner Occupied HU | 10,471 (68.1%) |
| Renter Occupied HU | 4,332 (28.2%) |
| Vacant Housing Units | 568 ( 3.7%) |
| Median Home Value | $654,280 |
| Average Home Value | $677,208 |
Housing Distribution
Address Breakdown
Residential
14,951
Single Family
11,915
Multi-Family
3,036
Businesses
1,010
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Listed by: Andrea Beth Castinetti • Castinetti Realty Group
Mls Name: MLS PIN
Mls ID: #73428392